116 Lithia Way, Ashland, OR 97520 | MLS #220216441 | Berkshire Hathaway HomeServices Northwest Real Estate

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Listing provided courtesy of John L. Scott Ashland- MLS# 220216441MLS Provider

116 Lithia WayAshland, OR 97520

Commercial · 3,850 Sq. ft. | 0.05 Acres
$760,000 Pending

116 Lithia Way Overview

Time on Site:
116 days
Visits:
1

Versatile commercial building in the heart of downtown Ashland - surrounded by retail and restaurants, within one block of the Oregon Shakespeare Festival! Eight tenant suites with an established mix of professional and personal services, restaurant, and hair salon. Main level features a 55' x 10' breezeway to Will Dodge Way, three individual suites, and one common area bathroom. Upper level with five additional suites, full commercial kitchen, two additional shared bathrooms, and storage closets. High-traffic location with excellent visibility and ample public parking directly across Lithia Way. Recent appraisal of income and comparable sales with market value opinion available. Inquire with agents to access additional documentation and details!

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116 Lithia Way Facts & Features

  • Type Commercial
  • Sq. ft. 3,850
  • Price/Sq.ft. $197
  • Lot 0.05 Acres

Details

General

Income/Expenses

  • Gross Income: 75252.0
  • Net Operating Income: 45219.0
  • Operating Expense: 27776.0

Building Information

  • New Construction: false
  • Year Built: 1979

Location/Region

  • County Or Parish: Jackson

Rent/Lease Information

  • Tenant Pays: Electricity,Exterior Maintenance,Gas,Insurance,Interior Maintenance,Janitorial Service,Repairs,Water,Other

Tax Information

  • Tax Annual Amount: 7901.5
  • Tax Year: 2025

General Information

  • Exclusions: FF&E property of tenants.
  • Listing Terms: Cash,Conventional,FHA,FMHA,USDA Loan,VA Loan
  • Parcel Number: 10065401
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard,Trust

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 3850.0

General Information

  • Basement: None
  • Common Walls: 2+ Common Walls,No One Above,No One Below
  • Flooring: Carpet,Concrete,Hardwood,Tile,Vinyl
  • Foundation Details: Slab
  • Interior Features: Built-in Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)

Exterior

Parking Information

  • Parking Features: Alley Access,On Street,Parking Lot

Lot Information

  • Additional Parcels: false
  • Lot Features: Landscaped,Level
  • Lot Size Square Feet: 2178.0
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • View: City,Mountain(s),Neighborhood

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Block,Brick,Concrete,Frame
  • Roof: Membrane

General Information

  • Number Of Units Total: 8
  • Road Frontage Type: Shared Access
  • Sewer: Public Sewer

116 Lithia Way Neighborhood

Community

97520 (Ashland) Demographics

47
Median Age
81
Population Density (per sq. mile)
65%
College Educated
$58,590
Estimated Median Income
7,005
Estimated Total Home Owners
4,712
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

116 Lithia Way Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

116 Lithia Way Market Data

Based on the last 30 days in this zip code

$937,265
Average List Price
$403
Average Price per Square Foot
46
Properties Sold
117
Average Days on Market
237
Properties for Sale
Calculations provided by Reliance Network

116 Lithia Way History

Date Event Value Agent
4/14/2026Source: Oregon Datashare Status Change
Pending
3/5/2026Source: Oregon Datashare Added to Database
March 05, 2026